One of the great benefits of email marketing is that it delivers measurable results. To run a successful email marketing campaign, you need to monitor and understand email statistics such as Open Rate, Click-Through Rate (CTR), Bounce Back rate, etc. Understanding these metrics will allow you to improve your email marketing campaigns and achieve better results.
Basic Email Metrics you can evaluate in each email campaign:
Open Rate - that is the total number of emails
opened (when the email has been sent in HTML
format).
Click-Thru Rate (CTR) - calculated as the number of
unique clicks on links in the email. It basically
means how many people interacted with your email.
Bounce Rate - represents the number of emails that
were not delivered and 'bounced back'. There are
several reasons why email bounces such as the email
address is no longer valid, it was misspelled when
entered, a server filtered the email out, or the
recipient’s mailbox was full.
If you’ve ever created and executed a promotional
campaign and weeks later were still not able to know
the resultant effectiveness, you’re not alone.
Direct Response Email Marketing makes it easy -- and
fast -- to see just how well customers respond to
your campaigns.
What metrics you should focus on?
Why is that? Because CTR and conversion rates are able to tell
you how many recipients took an action you wanted them to take,
such as purchased your product, signed up to your newsletter,
downloaded the whitepaper, etc. Whereas, the open rate will only
tell you how many people opened your email. So, to measure the
effectiveness of your message, you need to go beyond the open
rate down to the action level.
Today’s readers are busy. It takes 10 seconds or less for most
people to decide whether to read your message or delete it. So
construct your message carefully and monitor your email
statistics to find out what works best for your business and
market.
